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Spain’s Unicaja books 9-month net profit of 1.395 billion euros -Breaking

by Mike Robinson

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© Reuters.

MADRID, Reuters – Spain’s Unicaja reported Wednesday a net profit in excess of 1.395 Billion Euros ($1.62 Billion) for the first nine months. This was due to multimillion accounting gains that it received following its acquisition of Liberbank.

Unicaja reported that it closed the Liberbank deal to become Spain’s fifth largest lender in assets at the end of July.

($1 = 0.8633 euros)

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